Didi Tang, Associated Press | Posted May 5th - 6:30am
China's government health care regulator on Thursday ordered hospitals not to outsource medical services or promote false advertising amid a public outcry over the death of a young man who received expensive but ineffective treatments for a rare form of cancer.
Mortgage giant Fannie Mae posted net income of $1.1 billion for the first quarter, down from a year ago as declining interest rates reduced the value of the financial instruments it uses to hedge against rate swings.
The lone subway tunnel connecting some of Brooklyn's hippest, youngest neighborhoods to New York City's commercial heart in Manhattan will either be closed entirely for 18 months, or see extremely limited service for three years, under two possible plans for repairing damage caused by Superstorm Sandy.
The head of entertainment giant Disney had a rare official meeting with Chinese President Xi Jinping on Thursday, a month before the opening of its $5.5 billion theme park in the country's financial hub of Shanghai.
A Philippine senator filed a corruption complaint on Thursday alleging that the front-runner in the country's presidential race, Davao City Mayor Rodrigo Duterte, hired 11,000 non-existent employees whose salaries cost the government 708 million pesos ($15 million) in 2014.
Teresa Cerojano, Associated Press | Posted May 5th - 4:00am
In a poor Southeast Asian country with a soft spot for the underdog, Philippine Vice President Jejomar Binay has tried to turn online jokes about his dark complexion and small stature to his advantage by portraying himself in campaign ads as an everyman who understands the struggles of the underclass.
Lolita C. Baldor, Associated Press | Posted May 5th - 2:10am
The Pentagon is lowering its estimate of the number of people it believes have faced retaliation for making claims of sexual assault, arguing that what might sometimes feel like revenge may actually be an attempt to help.